Eskom: Request for government (taxpayers) to take over R100 billion debt

Die Vryburger

Eskom: Request for government (taxpayers) to take over R100 billion debt
Eskom: Request for government (taxpayers) to take over R100 billion debt

According to Jabu Mabuza, Eskom does not have a medium or long term plan to deal with power provision and debt. There is now a request for government (taxpayers) to take over R100 billion of the total R419 billion debt.

Pravin Gordhan says that debt repayment restructuring in 2019 will addresses this.

Mabuza states that mechanical installations are always subject to wear and tear but maintenance is not done at power stations and Gordhan promised that there were “plans” to prevent a “black” Christmas.

Gordhan also put an end to the leave of Eskom senior managers as they should be available to optimize the country’s power supply.

Read the original article in Afrikaans on Die Vryburger

South Africa Today – South Africa News

Related Post

Action to be taken against officials involved in V... Limpopo Premier Stan Mathabatha says action must be taken against all municipal officials implicated in the VBS saga and that the monies involved be r...
Malema’s ‘shoot to kill’ should be inv... AfriForum requested Lt. Gen. Sithole, the SAPS Registrar and National Commissioner of Police, to investigate Julius Malema’s actions and determine whe...
Farm attack: 1.5 hr ordeal, elderly couple and dau... A farm attack took place on Lustigan road, Paarl in the Western Cape on 10 December 2018. Five masked attackers with machetes and knives attacked thre...
It’s not the first time the BLF has made vio... In a speech delivered at a BLF rally in Potchefstroom on 9 December, and in a series of tweets thereafter, Mngxitama launched into a tirade against bu...
Disclaimer: The views of authors published on South Africa Today are their own and do not necessarily represent the views of South Africa Today. By viewing, visiting, using, or interacting with, you are agreeing to all the provisions of the Terms of Use Policy and the Privacy Policy.